Z House Realty Group

Family Wealth Grows as Home Equity Builds

Posted by Janice Ziesig on November 27, 2015 in No Category
With residential real estate values rising quite substantially in most parts of the country over the last few years, many homeowners are seeing a major increase in their family’s wealth as equity continues to build in their house. A recent study by the Joint Center of Housing Studies at Harvard Universityrevealed that home equity grew nicely last year and has grown dramatically over the last five years… Buyers looking today may not see the same build-up in equity but could ... read more
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Why You Should Sell Now… Before Winter Hits

Posted by Janice Ziesig on November 16, 2015 in  Sell
People across the country are beginning to think about what their life will look like next year. It happens every Fall. We ponder whether we should relocate to a different part of the country to find better year-round weather or perhaps move across the state for better job opportunities. Homeowners in this situation must consider whether they should sell their house now or wait. If you are one of these potential sellers, here are five important reasons to do it now versus the dead of winter. 1. Demand is Strong... read more
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In school we all learned the Theory of Supply and Demand. When the demand for an item is greater than the supply of that item, the price will surely rise. SUPPLY The National Association of Realtors (NAR) recently reported that the inventory of homes for sale stands at a 4.8-month supply. This is significantly lower than the 6 months inventory necessary for a normal market. DEMAND Every month NAR reports on the amount of buyers that are actually out in the market looking for homes, ... read more
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Is Qualifying for a Mortgage Getting Easier?

Posted by Janice Ziesig on November 03, 2015 in  Buy  Credit and Interest Rates  Mortgage  Mortgage Loan
There has been a lot of talk about how difficult it is to get a home mortgage in today’s lending environment. However, three recent reports have revealed that lending standards are beginning to ease. This is great news for both first time buyers and current homeowners looking to move or buy a second vacation/retirement home. Let’s look at the three reports: The MBA’s Mortgage Credit Availability Index This index, issued by the Mortgage Bankers’ Association, measures the av... read more
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Buying A Home Is Better Way to Produce Wealth Than Renting

Posted by Janice Ziesig on November 02, 2015 in  Buy  Rent  Wealth Building
According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Indexhomeownership is a better way to produce greater wealth, on average, than renting. The BH&J Index is a quarterly report that attempts to answer the question: Is it better to rent or buy a home in today’s housing market? The index examines that entire US housing market and then isolates 23 major markets for comparison. The researchers at use a “’horse race’ comparison between an individua... read more
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